Yatai Group: Plan to Sell 29.81% Shares of Northeast Securities and Disclosure of Transaction Progress

2026-06-30 09:35:29

Yatai Group announced that in March 2024, the company intends to sell 20.81% of its shares in Northeast Securities to Changfa Group and 9% to Changchun Financial Control or its designated subsidiaries, which constitutes a major asset restructuring. Since the planning, all parties have sorted out the process and carried out audit evaluation. On April 29, 2026, the company disclosed its annual report for 2025, and the impact of the previous non-standard audit opinions has been eliminated. The shareholder qualification of the transferee securities company has yet to be confirmed, and the transaction plan has not been formed, so there are significant uncertainties.

Yatai Group announced that in March 2024, the company intends to sell 20.81% of its shares in Northeast Securities to Changfa Group and 9% to Changchun Financial Control or its designated subsidiaries, which constitutes a major asset restructuring. Since the planning, all parties have sorted out the process and carried out audit evaluation. On April 29, 2026, the company disclosed its annual report for 2025, and the impact of the previous non-standard audit opinions has been eliminated. The shareholder qualification of the transferee securities company has yet to be confirmed, and the transaction plan has not been formed, so there are significant uncertainties.

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Yatai Group announced that in March 2024, the company intends to sell 20.81% of its shares in Northeast Securities to Changfa Group and 9% to Changchun Financial Control or its designated subsidiaries, which constitutes a major asset restructuring. Since the planning, all parties have sorted out the process and carried out audit evaluation. On April 29, 2026, the company disclosed its annual report for 2025, and the impact of the previous non-standard audit opinions has been eliminated. The shareholder qualification of the transferee securities company has yet to be confirmed, and the transaction plan has not been formed, so there are significant uncertainties.

2026-06-30 09:35:29

On June 30, the Economic and Credit Department of Hubei Province announced four capacity replacement schemes for phosphogypsum acid co-production cement clinker projects, with a total annual clinker production capacity of 2.35 million tons, all of which are equivalent replacement projects, all of which come from Huaxin Building Materials, and all of which started construction within the year.